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Collection Agent salary in Singapore

Average Yearly Salary of Collection Agent in Singapore is approximately 77,605 SGD (38,616 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Collection Agent do?

occupation personasA collection agent is a professional responsible for recovering outstanding debts on behalf of companies or financial institutions. Their main role is to contact individuals or businesses who have overdue payments and negotiate payment arrangements, settlements, or repayment plans. Collection agents utilize various communication methods such as phone calls, emails, and letters to reach out to debtors and attempt to collect the owed funds. They must possess excellent negotiation and persuasion skills to convince debtors to fulfill their financial obligations. Additionally, collection agents may also perform skip tracing to locate debtors who have changed their contact information or are intentionally avoiding payment.

Skills: Collection agent, Debt recovery, Negotiation skills, Debt collection, Financial services, Skip tracing
Job industry: Finance


How much does Collection Agent make?

Salary details
How much does Collection Agent make?
Estimated Yearly Salary: 77,605 SGD
Estimated Monthly Salary: 6,467 SGD
Estimated Weekly Salary: 1,492 SGD per week
Estimated Hourly Salary: 37 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 74,712 SGD
Estimated Monthly Salary: 6,226 SGD
Estimated Weekly Salary: 1,437 SGD per week
Estimated Hourly Salary: 36 SGD per hour
Last revision of data: 2024-01-02



Collection Agent estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 38,616 USD
Estimated Monthly Salary: 3,218 USD
Estimated Weekly Salary: 743 USD per week
Estimated Hourly Salary: 19 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.

Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Collection Agent job salary compared to average salary in Singapore.
Comparison shows that a person working as Collection Agent in Singapore earns on average:
0.81 times the average salary (or 81% of average salary).

Is Collection Agent a well paid job?

No / we do not have enough data to assess this.

What is considered a high salary for Collection Agent?

High salary for Collection Agent would be somewhere between 85,366 SGD and 112,527 SGD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Collection Agent in Singapore?

Living in Singapore the approximate monthly expenses are: 2,688 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 77,605 SGD
Estimated Monthly Salary: 6,467 SGD
Estimated Weekly Salary: 1,492 SGD per week
Estimated Hourly Salary: 37 SGD per hour
By working as Collection Agent a person can save up to 530 USD per month or 6,360 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Singapore, see costs of living in Singapore.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Malaysia, Indonesia.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Collection Agent

Malaysia is 10,254 USDdown arrow 73%
Details on Collection Agent salary in Malaysia
Indonesia is 6,067 USDdown arrow 84%
Details on Collection Agent salary in Indonesia
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Singapore

(1,400,313 SGD per year, pre-tax.)
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)

Data as of 2025

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Please note:
The salary data presented here are meant for informational purposes only.
The salary data presented here are intended for reference purposes solely. While we strive to ensure correctness, we cannot guarantee every estimate is flawless. Users should to research salary details with official sources before making critical career choices. Salary ranges may fluctuate due to negotiation, industry trends, and location. We deny responsibility for inaccuracies in the salary data displayed.
Salary details displayed on optisalary.com are meant for informational purposes exclusively. Our data comes from various inputs and may not necessarily be accurate. Users should verify salary information through other means before making financial decisions. The figures shown here may fluctuate due to factors such as company policies, experience levels, and demand shifts. We do not warrant that the information displayed is error-free. By using optisalary.com, you accept that salary information is offered 'as is' and without warranties.